New Mexico Biopark Society Inc

Analysis

New Mexico Biopark Society Inc is a registered charity in United States, based in Albuquerque, NM. It received its IRS tax-exemption ruling in December 1970, 56 years ago. Its declared purposes cover animal-related, which this site groups under animals. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, New Mexico Biopark Society Inc reported income of $5.9m and spending of $5.4m, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $5.0m to $5.9m (+19%), an average of +4.4% a year. The sharpest change came in the year to December 2021, when income rose by 123%. Over the whole period it spent 77% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, New Mexico Biopark Society Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 95th percentile within NM. Charities of a similar size with the same main cause include Animal Charity Evaluators ($5.9m), Friends of Tracy Aviary 09-20-93 ($6.0m) and Connecticut Zoological Society Inc ($5.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 57% and program service revenue 9.6% of the total. Compensation of current officers, directors and key employees was $180k (3.4% of expenses). Other salaries and wages came to $842k. At year end it held assets of $23.5m against liabilities of $7.2m, net assets of $16.3m. It reported 56 employees.